Differences Between Public Adjusters & Company Adjusters?
If you’re interested in learning about the differences between public and company adjusters, you’ve come to the right place. Read on to learn more about public adjusters, company adjusters, and which of the two is better. The more you know, the better your experience with an insurance claim can be.
What Are Adjusters?
First, it’s critical to understand the term ‘adjusters’. These individuals are hired to complete insurance claims. However, not all of them have the same job. Two of the most common types include public adjusters and company adjusters.
It’s vital to understand what sets these adjusters apart so you know who is completing what process in an insurance claim. Several things set these two apart.
What Is A Public Adjuster?
A public adjuster is an individual who works through a public adjusting firm or as a freelance worker. They don’t work for the insurance company. Instead, they operate on behalf of the insurance policyholder on a contract basis.
Most of the time, if you file for an insurance claim, the company will send an adjuster to you. Although they are helpful, they still work for the insurance company and are on their side. A public adjuster is unattached and will work with you on your claim without influence from the business.
A public adjuster will:
- Examine harmed property
- Inspect available reports
- View language and listed items in your insurance
They ensure everything is as accurate as possible.
Once you land on a final settlement amount, a public adjuster will collect a portion. You determine this amount before they provide their services so there are no surprises when the process is done.
It’s critical to note that a public adjuster is not the same as an independent adjuster. An independent adjuster is hired by an insurance company on a contract. Although they are not a standard employee of an insurance company, they still work for them. They do not represent the homeowner, while the public adjuster does.
What Is A Company Adjuster?
A company adjuster works for the insurance business. They do not represent the client; they stand for the company. They are full-time and salaried with no obligation to defend your name to the business they stand for in the work environment. They have several duties if you file an insurance claim.
This type of adjuster is responsible for:
- Investigating a claim
- Evaluating the damages
- Settling the process
They ensure everything is in working order for the client and the insurance company.
There are two different types of adjusters within an insurance company – field and desk adjusters. Let’s talk about these varieties to help you become more aware of the process within a business.
Desk Adjuster
A desk adjuster doesn’t move from their chair as they work with insurance claims. They sit behind a desk from anywhere in the world, taking information on insurance claims to determine how much the impacted party is owed. Once they have the information from you, they process claims.
Desk adjusters take on simpler issues with insurance. For example, they would be able to work with a broken fence, as images of that item are easily sent through the internet. However, there are cases where it can be tricky for them to examine the extent of the damage. That’s where field adjusters come in.
Field Adjuster
A field adjuster works on claims too large for a desk adjuster to handle. They also might be too tricky for a desk adjuster to examine on a computer, requiring a visit in-person from a company adjuster. A field adjuster will physically go to the site where the insurance claim was filed to determine the extent of the damage.
An example of a floor damaged by severe rain, pushing the damage from one room to another. A field adjuster would take over, as it might be tricky for a desk adjuster to understand the scope from inside a building.
Most field adjusters have full-time salaries and are always on the move. Many are assigned specific locations and stay within that bubble, visiting insurance claim sites whenever needed.
Which Public Adjuster is Better?
If you are ready to file an insurance claim, you might want to get the best adjuster possible to see if you can get enough money to repair a portion of your belongings. Should you get a public or company adjuster? Which is the best choice for your case?
If you want to work with an adjuster on your side, go with a public adjuster. They take a portion of the payout, but they are with you every step of the way. Public adjusters aren’t attached to the insurance business and don’t have additional motives in mind.
On the other hand, company adjusters are often cost-free. If you want to save time, go with a public adjuster to get the job done. They can examine and gather information to provide to the insurance company. In no time, you will have assistance for your damage.
Contact Claim Rescue for Assistance
If you need help with a dispute between you and your insurance company, we have you covered. Claim Rescue is an expert team in Florida with plenty of professional adjusters ready to examine the damage and determine what you deserve. We can negotiate and bring an end to any disagreements in a reasonable manner.
We hope this information was helpful! It can be stressful to submit an insurance claim, especially if you need help. Professional adjusters can determine what is wrong and adjust the payment based on what you need to get your life back on track. We can make things much easier for you. More great BLOGS click here. 3 Things Appraisers Shouldn’t Do!